Graphex Group Limited Sponsored ADR (GRFX) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Graphex Group Limited has reported its consolidated financial results for the year ended December 31, 2023, revealing a drop in revenue by 14% and an increased loss before tax of 59% compared to the previous year. The company’s overall performance showed a downturn with key segments like graphene products and landscape architecture experiencing declines in revenue, while the catering segment ceased operations entirely.
For further insights into GRFX stock, check out TipRanks’ Stock Analysis page.